North Atlantic Drilling (FRA:2NAA) PB Ratio : (As of Jun. 23, 2024)

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What is North Atlantic Drilling PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-23), North Atlantic Drilling's share price is €7.00. North Atlantic Drilling's Book Value per Share for the quarter that ended in Dec. 2017 was €0.00. Hence, North Atlantic Drilling's PB Ratio of today is .

Good Sign:

North Atlantic Drilling Ltd stock PB Ratio (=0.04) is close to 1-year low of 0.04

The historical rank and industry rank for North Atlantic Drilling's PB Ratio or its related term are showing as below:

FRA:2NAA' s PB Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.42 Max: 2.91
Current: 0.04

During the past 7 years, North Atlantic Drilling's highest PB Ratio was 2.91. The lowest was 0.01. And the median was 0.42.

FRA:2NAA's PB Ratio is not ranked
in the Oil & Gas industry.
Industry Median: 1.2 vs FRA:2NAA: 0.04

During the past 12 months, North Atlantic Drilling's average Book Value Per Share Growth Rate was -77.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -42.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -33.20% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of North Atlantic Drilling was -11.00% per year. The lowest was -42.50% per year. And the median was -22.40% per year.

Back to Basics: PB Ratio

North Atlantic Drilling PB Ratio Historical Data

The historical data trend for North Atlantic Drilling's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

North Atlantic Drilling PB Ratio Chart

North Atlantic Drilling Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

PB Ratio

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North Atlantic Drilling Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Dec17
PB Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of North Atlantic Drilling's PB Ratio

For the Oil & Gas Drilling subindustry, North Atlantic Drilling's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

North Atlantic Drilling's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, North Atlantic Drilling's PB Ratio distribution charts can be found below:

* The bar in red indicates where North Atlantic Drilling's PB Ratio falls into.

North Atlantic Drilling PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

North Atlantic Drilling's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2017)
	=	7.00	/
	=

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

North Atlantic Drilling (FRA:2NAA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

North Atlantic Drilling PB Ratio Related Terms

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North Atlantic Drilling (FRA:2NAA) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.nadlcorp.com

North Atlantic Drilling Ltd is a Bermuda-based offshore drilling contractor which focused on operations in the North Atlantic Region. The company operates offshore drilling rigs in operation offshore Norway and the United Kingdom. It also provides harsh environment drilling services to the oil and gas industry. The company's fleet of offshore drilling units of the company consists of drill ships, semi-submersible rigs, jack-up rigs and tender rigs. It operates its business in Norway, United Kingdom, and Russia and most of the revenue come from Norway.

North Atlantic Drilling (FRA:2NAA) Headlines

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